Canada retaliates in rapidly escalating U.S. trade war

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Set us as preferred WASHINGTON — Canada retaliated against the United States in an intensifying trade war Tuesday by announcing steep new tariffs on roughly $20 billion worth of American goods at the core of the U.S.economy, a sharp escalation between the neighboring allies after trade negotiations between them abruptly collapsed.The new duties will hit a variety of American products with tariffs as high as 50%, including steel, dairy products, appliances and farm equipment, and will target items on routine shopping lists, like seafood, cheese, clothing, cosmetics and toilet paper.Ottawa’s moves come after President Trump announced 50% tariffs on Canadian goods, warning Canada to “fall in line” in trade negotiations that Canada’s prime minister, Mark Carney, characterized as an attempt to subjugate his country.“We did not choose this conflict, but when our economic integration is used as a weapon rather than the foundation for a win-win partnership, we need to stand up,” Finance Minister Francois-Philippe Champagne said in a statement announcing the new measures.The White House, in a statement, said Canada “has been ripping off the United States for decades,” and that Trump “is done letting them get away with it.” And the president has threatened to escalate even further by targeting Canadian vehicles, auto parts and steel, even warning his administration could begin referring to Lake Ontario — one of the five great lakes bordering Canada and New York — as “Lake America.” World & Nation After trade negotiations collapsed, President Trump’s 50% tariffs on scores of Canadian imports kicked in over the weekend.

A look at what that means.Few nations have hit back as aggressively as Canada in response to Trump’s unwieldy tariff policies, with the exception of China, which engaged the administ...

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Publisher: Los Angeles Times

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